Today at the Warrior Forum, somebody asked when we first went full time with our business. This got me to thinking. I realized that even though I had been doing this full time from day one, there are some people who have never gotten to full time status after many years, nor do they have any desire to do so. What about you? Are you full time or part time? Not sure which is better? You might want to read this article for some advice from somebody with a clue.
There are definite advantages and disadvantages to working full time on your home business. Ultimately, you have to decide what’s best for you.
At the top of the list is time. Time is something that we can never get back. So if you’re working a regular job and doing this part time, there is only so much you’re going to be able to get done in a day. The time you spend working at your regular job is gone forever. You can never get that time back. Now, if you’re desperate for money and your full time job isn’t providing you with the income you need, running a part time business is only going to delay reaching your ultimate goal.
On the other hand, if you quit your regular job, there is no longer any safety net. There is no guaranteed income coming in at all. So now, you MUST make your home business work in order to just survive. This can be a scary thought for some people. It was scary for me even though I lost my job and had no choice but to go full time. In the back of my mind, I still wished that I had a full time job to fall back on. But I didn’t have that luxury. For me, it was either sink or swim.
Another plus about going full time is that you get to keep your concentration and focus on your business all the time. I can’t even imagine what it would be like to have to go to work, come home, get a little something done, and then, just as I am getting somewhere, have to go to bed, get up the next morning and go to work, thus leaving my business behind. For me, that would be a very frustrating thing. I really couldn’t honestly say I could keep my mind on my regular job under those circumstances.
If I had it to do all over again, I wouldn’t change a scary as it was being out of work. Concentrating on my home business full time allowed me to focus and get things done that I probably wouldn’t have gotten done had I still been working. Ultimately, you have to do what you think is best for you.